Conduent Incorporated (CNDT)
Nasdaq: CNDT · Services-Business Services, NEC · Florham Park, NJ · filing with the SEC since 2016
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Feb 19, 2026 | Feb 19, 2025 | Feb 21, 2024 | Feb 22, 2023 | Feb 23, 2022 | Feb 24, 2021 | Feb 27, 2020 | Feb 28, 2019 | Mar 1, 2018 | Mar 10, 2017 |
| Revenue | 3,042 | 3,356 | 3,722 | 3,858 | 4,140 | 4,163 | 4,467 | 5,393 | 6,022 | 6,408 |
| Cost of revenue | 2,490 | 2,730 | 2,888 | 3,018 | 3,138 | 3,209 | 3,494 | 4,182 | 4,730 | 5,462 |
| Gross profit | · | · | · | · | · | · | · | · | 1,045 | 910 |
| Research and development | 4 | 6 | 7 | 7 | 4 | 1 | 8 | 11 | 12r | 31 |
| Selling, general and administrative | 412 | 455 | 458 | 440 | 544 | 468 | 479 | 560 | 611r | 686 |
| Total costs and expenses | 3,202 | 2,852 | 4,054 | 3,985 | 4,165 | 4,302 | 6,573 | 5,788 | 6,038r | 2,137r |
| Interest expense | 48 | 75 | 111 | 84 | 55 | 60 | 78 | 112 | 137 | 14 |
| Other income (expense), net | · | · | · | · | · | · | · | · | 18 | -18r |
| Income before income taxes | -160 | 504 | -332 | -127 | -25 | -139 | -2,106 | -395 | -16 | -1,227 |
| Income tax expense | 10 | 78 | -36 | 55 | 3 | -21 | -172 | 21 | -193 | -244 |
| Income from continuing operations | · | 426 | -296 | -182 | -28 | -118 | -1,934 | -416 | 177 | -983 |
| Income from discontinued operations | · | · | · | · | · | · | 0 | 0 | 4 | 0 |
| Net income including non-controlling interests | -170 | 426 | -296 | -182 | -28 | · | · | · | 181 | -983 |
| Net income | · | 426 | -296 | -182 | -28 | -118 | -1,934 | -416 | 181 | -983 |
| Net income to common shareholders | -170 | 426 | -296 | · | · | · | · | · | · | · |
| Earnings per share, basic | -1.14 | 2.28 | -1.41 | -0.89 | -0.18 | -0.61 | -9.29 | -2.06 | 0.84 | -4.85 |
| Earnings per share, diluted | -1.14 | 2.23 | -1.41 | -0.89 | -0.18 | -0.61 | -9.29 | -2.06 | 0.83 | -4.85 |
| Weighted average shares, basic | 158,422 | 182,513 | 216,779 | 215,886 | 212,719 | 210,018 | 209,318 | 206,056 | 204,007 | 202,875 |
| Weighted average shares, diluted | 158,422 | 191,130 | 216,779 | 215,886 | · | · | 209,318 | 206,056 | 206,793r | 202,875 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:Revenues
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfServicesGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesInterest expense what its borrowing cost
us-gaap:InterestExpenseOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperations
us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterestIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntityNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding